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Cooper-Standard Holdings Inc.

For the period ended Feb 12, 2026. Filed Feb 13, 2026.

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About this filing

A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Feb 12, 2026 · Filed Feb 13, 2026

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CPS$17.93+0.4%Stored close · as of Nov 6, 2026
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EX-99 · Forward Looking Statements

Forward Looking Statements

This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Our use of words “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “outlook,” “guidance,” “forecast,” or future or conditional verbs, such as “will,” “should,” “could,” “would,” or “may,” and variations of such words or similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon our current expectations and various assumptions. Our expectations, beliefs, and projections are expressed in good faith and we believe there is a reasonable basis for them. However, we cannot assure you that these expectations, beliefs and projections will be achieved. Forward-looking statements are not guarantees of future performance and are subject to significant risks and uncertainties that may cause actual results or achievements to be materially different from the future results or achievements expressed or implied by the forward-looking statements. Among other items, such factors may include: volatility or decline of the Company’s stock price, or absence of stock price appreciation; impacts and disruptions related to the wars in Ukraine and the Middle East; the effects of the current U.S. government shutdown and its impact on our customers; our ability to achieve commercial recoveries and to offset the adverse impact of higher commodity and other costs through pricing and other negotiations with our customers; work stoppages or other labor disruptions with our employees or our customers’ employees; prolonged or material contractions in automotive sales and production volumes; our inability to realize sales represented by awarded business; escalating pricing pressures; loss of large customers or significant platforms; our ability to successfully compete in the automotive parts industry; availability and increasing volatility in costs of manufactured components and raw materials; disruptions in our supply base or our customers’ supply base; competitive threats and commercial risks associated with our diversification strategy; possible variability of our working capital requirements; risks associated with our international operations, including changes in laws, regulations, and policies governing the terms of foreign trade such as increased trade restrictions and tariffs; foreign currency exchange rate fluctuations; our ability to control the operations of our joint ventures for our sole benefit; our substantial amount of indebtedness and rates of interest; our ability to obtain adequate financing sources in the future; operating and financial restrictions imposed on us under our debt instruments; the underfunding of our pension plans; significant changes in discount rates and the actual return on pension assets; effectiveness of continuous improvement programs and other cost savings plans; significant costs related to manufacturing facility closings or consolidation; our ability to execute new program launches; our ability to meet customers’ needs for new and improved products; the possibility that our acquisitions and divestitures may not be successful; product liability, warranty and recall claims brought against us; laws and regulations, including environmental, health and safety laws and regulations; legal and regulatory proceedings, claims or investigations against us; the potential impact of any future public health events on our financial condition and results of operations; the ability of our intellectual property to withstand legal challenges; cyber-attacks, data privacy concerns, other disruptions in, or the inability to implement upgrades to, our information technology systems; the possible volatility of our annual effective tax rate; the possibility of a failure to maintain effective controls and procedures; the possibility of future impairment charges to our goodwill and long-lived assets; our ability to identify, attract, develop and retain a skilled, engaged and diverse workforce; our ability to procure insurance at reasonable rates; and our dependence on our subsidiaries for cash to satisfy our obligations; and other risks and uncertainties, including those detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission.

You should not place undue reliance on these forward-looking statements. Our forward-looking statements speak only as of the date of this press release and we undertake no obligation to publicly update or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except where we are expressly required to do so by law.

This press release also contains estimates and other information that is based on industry publications, surveys and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information.

Contact for Analysts:Contact for Media:
Roger HendriksenChris Andrews
Cooper StandardCooper Standard
(248) 596-6465(248) 596-6217
roger.hendriksen@cooperstandard.comcandrews@cooperstandard.com

Financial statements and related notes follow:

COOPER-STANDARD HOLDINGS INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollar amounts in thousands except share and per share amounts)
Quarter Ended December 31,Year Ended December 31,
2025202420252024
(Unaudited) · (Unaudited) · (Unaudited)
Sales$672,371$660,753$2,740,915$2,730,893
Cost of products sold602,217578,7332,413,3912,427,978
Gross profit70,15482,020327,524302,915
Selling, administration & engineering expenses56,56950,081214,366207,553
Gain on sale of businesses, net(98)(1,971)(98)(1,971)
Gain on sale of buildings and land, net—(3,317)—(3,317)
Amortization of intangibles1,2361,6186,3046,512
Restructuring charges11,4833,17119,98123,601
Impairment charges369713369713
Operating income59531,72586,60269,824
Interest expense, net of interest income(28,731)(28,598)(114,676)(115,639)
Equity in earnings of affiliates8861,9985,6206,828
Pension settlement and curtailment (charges) credit(134)18(134)(44,553)
Other expense, net(3,291)(3,309)(931)(17,938)
(Loss) income before income taxes(30,675)1,834(23,519)(101,478)
Income tax benefit(33,853)(38,420)(19,205)(23,348)
Net income (loss)3,17840,254(4,314)(78,130)
Net loss (income) attributable to noncontrolling interests150(40)149(616)
Net income (loss) attributable to Cooper-Standard Holdings Inc.$3,328$40,214$(4,165)$(78,746)
Weighted average shares outstanding:
Basic17,926,25217,616,78717,862,43317,564,012
Diluted18,735,30317,992,40917,862,43317,564,012
Net income (loss) per share:
Basic$0.19$2.28$(0.23)$(4.48)
Diluted$0.18$2.24$(0.23)$(4.48)
COOPER-STANDARD HOLDINGS INC.
CONSOLIDATED BALANCE SHEETS
(Dollar amounts in thousands except share amounts)
December 31,
20252024
(Unaudited)
Assets
Current assets:
Cash and cash equivalents$191,699$170,035
Accounts receivable, net334,267310,738
Tooling receivable, net72,31669,204
Inventories154,189142,401
Prepaid expenses23,94025,833
Income tax receivable and refundable credits11,49911,576
Value added tax receivable47,32945,120
Other current assets45,86130,349
Total current assets881,100805,256
Property, plant and equipment, net523,508539,201
Operating lease right-of-use assets, net83,47487,292
Goodwill140,696140,443
Intangible assets, net28,97833,805
Deferred tax assets103,11263,240
Other assets72,30663,828
Total assets$1,833,174$1,733,065
Liabilities and Equity
Current liabilities:
Debt payable within one year$86,121$42,428
Accounts payable337,319295,178
Payroll liabilities122,395103,701
Accrued liabilities114,150116,617
Current operating lease liabilities18,41218,859
Total current liabilities678,397576,783
Long-term debt1,018,4831,057,839
Pension benefits91,33689,253
Postretirement benefits other than pensions26,46126,336
Long-term operating lease liabilities69,80671,907
Deferred tax liabilities3,4753,801
Other liabilities36,79340,516
Total liabilities1,924,7511,866,435
Preferred stock, $0.001 par value, 10,000,000 shares authorized; no shares issued and outstanding——
Equity:
Common stock, $0.001 par value, 190,000,000 shares authorized; 19,702,818 shares issued and 17,637,009 outstanding as of December 31, 2025, and 19,392,340 shares issued and 17,326,531 outstanding as of December 31, 20241717
Additional paid-in capital524,312518,208
Retained deficit(474,727)(470,562)
Accumulated other comprehensive loss(133,090)(173,432)
Total Cooper-Standard Holdings Inc. equity(83,488)(125,769)
Noncontrolling interests(8,089)(7,601)
Total equity(91,577)(133,370)
Total liabilities and equity$1,833,174$1,733,065
COOPER-STANDARD HOLDINGS INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollar amounts in thousands)
Year Ended December 31,
202520242023
(Unaudited)
Operating activities:
Net loss$(4,314)$(78,130)$(203,316)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation91,67197,053103,127
Amortization of intangibles6,3046,5126,804
Gain on sale of businesses, net(98)(1,971)(586)
Gain on sale of buildings and land, net—(3,317)—
Impairment charges3697134,768
Pension settlement and curtailment charges13444,55316,035
Share-based compensation expense15,2489,1617,718
Equity in earnings of affiliates, net of dividends related to earnings(746)(3,246)(982)
Loss on refinancing and extinguishment of debt——81,885
Payment-in-kind interest—12,36758,808
Deferred income taxes(35,120)(45,466)(5,813)
Other5,0275,2914,838
Changes in operating assets and liabilities:
Accounts and tooling receivable(12,180)67,761(12,333)
Inventories(4,362)(3,125)6,412
Prepaid expenses2,8131,1192,924
Income tax receivable and refundable credits622(836)2,603
Accounts payable21,616(18,440)6,743
Payroll and accrued liabilities1,266(19,968)16,924
Other(23,808)6,33820,718
Net cash provided by operating activities64,44276,369117,277
Investing activities:
Capital expenditures(48,192)(50,498)(80,743)
Proceeds from sale of businesses, net of cash divested2,55876315,351
Proceeds from sale of fixed assets—4,328—
Other—287424
Net cash used in investing activities(45,634)(45,120)(64,968)
Financing activities:
Proceeds from issuance of long-term debt, net of debt issuance costs——924,299
Repayment and refinancing of long-term debt——(927,046)
Principal payments on long-term debt(2,262)(2,464)(2,127)
Increase (decrease) in short-term debt, net22(7,288)(1,234)
Debt issuance costs and other fees—(1,936)(74,376)
Taxes withheld and paid on employees' share-based payment awards(1,728)(612)(214)
Contribution from noncontrolling interests and other—38(439)
Proceeds from other financing activities—2,617—
Net cash used in financing activities(3,968)(9,645)(81,137)
Effects of exchange rate changes on cash, cash equivalents and restricted cash6,345(5,968)(918)
Changes in cash, cash equivalents and restricted cash21,18515,636(29,746)
Cash, cash equivalents and restricted cash at beginning of period178,697163,061192,807
Cash, cash equivalents and restricted cash at end of period$199,882$178,697$163,061
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets:
Cash and cash equivalents$191,699$170,035$154,801
Restricted cash included in other current assets6,5817,5907,244
Restricted cash included in other assets1,6021,0721,016
Total cash, cash equivalents and restricted cash$199,882$178,697$163,061
Supplemental disclosure:
Cash paid for interest$113,869$101,514$78,699
Cash paid for income taxes, net of refunds9,04719,08510,301
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.